How Software and Technology Companies Solve Supplier Payments

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Nicholas Corradino | Senior Financial Analyst – Revenue Operations at Top Hat

“It’s about leveling up the finance team from being the people that code invoices and pay people, to actually being real drivers of business success and topline growth.”

Wipeout 80% of paper-based processes

A payables process healthcare providers never think about

Automate the entire process for paying your global suppliers and contractors.

Automate invoice workflows

Touchless AP is a reality

Invoices are read through OCR for straight-through processing, including the entire approval cycle from invoice to payment.

Easily onboard suppliers

Reduce the friction of making your suppliers payable.

A complete whitelabeled, self-service onboarding system that’s easy to implement and intelligent.

Execute global payments

Pay anyone, anywhere

Pay suppliers in 196 countries using 120 currencies, and across multiple payment methods in a matter of clicks.

Simplify multi-entity payables

Centralise payables operations

Tipalti makes it easy to bring accounts payable controls and execution to businesses with multiple subsidiaries and business units.

Hear from our software and technology customers

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Removed 90% of the manual workload in global payables

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Reinventing the teaching experience with professors

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Growing 100% YoY, they shaved a month off their financial close

Why trust Tipalti with your AP operation?

Eliminate Manual Processes
Manual effort can lead to partner payment errors. Dramatically reduce payment workload by 80% with self-service onboarding, automated communications, and a unified payment processing interface. You’ll also reduce payment errors and potential fraud.

Pay Suppliers Anywhere
Offer the most flexible payment options (including US ACH, wire transfer, global ACH, PayPal, prepaid debit, or paper check) to retain the best suppliers and contractors to improve your service quality, while reducing the risk of paying fraudsters. They can also be paid in their local currency.

Add Financial Controls
Ensure invoices are approved by the right signatories and payment execution is signed off by key executives. Tipalti provides deep financial controls to secure payables activities.

Effortless Tax Compliance
Don’t wait until year-end to hunt down supplier for their tax forms. Collect W-9, W-8 series, or VAT ID forms and produce submission-ready 1099 and 1042-S reports.

Jocelyn Olsen | Senior Staff Accountant at PrinterLogic

“Tipalti saves me time. Instead of entering bills, I’m focusing on finding strategic solutions for other challenges that we’re facing.”

How Software and Technology Companies Use Tipalti

Innovation and efficiency
come built-in

Tipalti offers the most comprehensive payables technology to help your
business streamline, simplify, and evolve.

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Invoice Management

Ditch the busy work with touchless invoice processing with smart OCR. Advanced approvals with AI streamlines the approval process and minimises delays.

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PO Management

Manage spend all in one place. Streamline purchase requests, PO’s, approvals, and vendors with budget visibility to make informed decisions.

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Global Payments

Send payments in 120 currencies in 196 countries through six unique payment methods.

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Currency Management

Save time and money on FX conversion payouts with highly competitive exchange rates.

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Payment Reconciliation

Speed up financial close by 25%+ by synching and reconciling multi-entity payables data with ERP and Accounting systems.

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Self-Billing Module

Simplify self-billing processes with automated invoice creation and submission while ensuring global regulatory compliance.

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ERP Integration

Best-in-class integration with your existing ERP and accounting systems and sync invoices, suppliers, payments and purchase orders.

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Payments API

Integrate any system through our highly secure API that offers full-featured interfaces.

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Artificial Intelligence/Tipalti AI

Take advantage of proactive, smarter processes for the entire payables operation as well as greater efficiency and risk mitigation.

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Supplier Management

Effortlessly onboard vendors with a multilingual, self-service portal that’s brandable. Plus, give suppliers a real-time view of payment and invoice status.

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PO Matching

Eliminate overspending and strengthen financial controls with automated 2-way and 3-way matching and enjoy a frictionless approval cycle.

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Multi-Entity

Manage unique payables workflows and centralise AP for subsidiaries and entities within a single instance.

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Tax Compliance

Take the headaches out of collecting and validating VAT tax information.

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Financial Controls

Enterprise-grade financial controls: Fraud, tax, regulatory, audit, spend and cash flow.

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Fraud Detection

Tipalti Detect lets you proactively identify payee fraud risk and maintain a full audit trail.

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Secure Cloud

Rest assured that data is collected, stored, and transmitted securely in the cloud. Tipalti is SSAE 18 and ISAE 3402 SOC 1 Type II and, SOC 2 Type I certified, and GDPR Compliant.

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Simplify Performance-to-Pay

Easily sync data from marketplace platforms and tie performance analytics to pay partners.

Let’s get more productive

Talk to an expert and learn how you can take control of your payables.